Radiant Logistics, Inc. filed its first-quarter fiscal year 2027 financial results on November 9, 2026, reporting revenue of $279.8 million and adjusted EBITDA of $12.2 million for the three months ended September 30, 2026.

Key Highlights

  • Revenue of $279.8 million for the first fiscal quarter ended September 30, 2026, up $53.1 million or 23.4% from $226.7 million in the comparable prior year period.
  • Adjusted EBITDA of $12.2 million, up $5.4 million or 79.4% year over year, with adjusted EBITDA margin expanding 630 basis points to 17.7%.
  • Net income attributable to Radiant Logistics of $6.1 million, or $0.13 per basic and fully diluted share, up $4.8 million or 369.2% from $1.3 million in the prior year period.
  • Amended $200 million revolving credit facility extended to August 7, 2031, with the accordion feature increased from $75 million to $100 million; no net debt as of September 30, 2026.
  • Acquisition of Whitacre Logistics Services LLC Dallas operations effective October 1, 2026, through wholly owned subsidiary Radiant Road and Rail, Inc.
  • Over 150 active customers on the company's Navegate proprietary technology platform as of the quarter ended September 30, 2026.

Radiant Logistics Reports First Fiscal Quarter 2027 Financial Results and Credit Facility Amendment

According to the filing, Radiant Logistics, Inc. (NYSE American:RLGT), headquartered in Renton, Washington, reported revenues of $279.8 million for the first fiscal quarter ended September 30, 2026, compared to $226.7 million for the comparable prior year period. Gross profit rose to $66.3 million from $57.1 million, while adjusted gross profit, described as a non-GAAP financial measure, increased to $68.6 million from $59.5 million, up 15.3%. Net income attributable to the company reached $6.1 million, or $0.13 per basic and fully diluted share, compared to $1.3 million, or $0.03 per basic and fully diluted share, in the prior year period.

The company disclosed adjusted net income, also a non-GAAP financial measure calculated using a normalized tax rate of 24.5% and excluding costs described as unrelated to core operations, of $8.6 million, or $0.18 per basic and fully diluted share, up from $4.5 million, or $0.09 per basic and fully diluted share. Adjusted EBITDA increased to $12.2 million from $6.8 million, with the adjusted EBITDA margin rising to 17.7% from 11.4%. The company attributed the improvement principally to its U.S. operations, noting the non-recurrence of a $1.3 million credit loss related to the First Brands bankruptcy and lower SG&A as a percentage of adjusted gross profit driven by consolidation of its transportation management systems.

On August 7, 2026, the company entered into an amended and restated revolving credit facility with Bank of America, N.A., Bank of Montreal, PNC Bank, National Association, and KeyBank National Association. The amendment extends the facility's maturity to August 7, 2031, and increases the accordion feature from $75 million to $100 million. The company reported $25.0 million outstanding under the facility as of September 30, 2026, offset by $27.8 million in cash on hand, resulting in no net debt. The company also disclosed the launch of an independent agent program at Radiant Road and Rail in August, anchored by its first two agency owners.

What Was Disclosed

Radiant Logistics disclosed first-quarter fiscal 2027 financial results showing revenue of $279.8 million and adjusted EBITDA of $12.2 million, an amended $200 million credit facility extended to 2031, the acquisition of Whitacre Logistics' Dallas operations, and launch of a new independent agent program at Radiant Road and Rail.